Explanation
The purpose of this legislation is to authorize the Director of Public Utilities to establish a purchase order with Capital Recovery System Inc. for fees associated with collection services for the Department of Public Utilities in accordance with a contract established by the City Attorney's Office.
The City Attorney's Office established a contract with Capital Recovery Systems Inc. to provide collection services for various city agencies. The Department of Public Utilities utilizes the contract for the collection of delinquent and small dollar amount accounts receivable, other debts, and judgments. Collections received from Capital Recovery Systems Inc. are deposited in the appropriate enterprise fund.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
SUPPLIER: Capital Recovery System Inc (31-1570459) Expires 01-23-14
FISCAL IMPACT: $65,000.00 is budgeted and needed for this purchase. This ordinance is contingent on the passage of the 2013 Operating Budget, Ordinance #2631-2012.
Expenditures for collection services in the Department of Public Utilities in 2010 was $64,463.52.
Expenditures for collection services in the Department of Public Utilities in 2011 was $53,999.83.
Title
To authorize the Director of Public Utilities to establish a purchase order with Capital Recovery Systems Inc. for collection services for the Department of Public Utilities divisions, to authorize the expenditure of $55,000.00 from Water Systems Operating Fund, $5,000.00 from the Electricity Operating Fund, and $5,000.00 from the Sewer Systems Operating Fund. ($65,000.00)
Body
WHEREAS, the City Attorney's Office established a contract with Capital Recovery Systems Inc. for collection services for various city agencies, and
WHEREAS, the Department of Public Utilities ...
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